Jiangsu Sunshine (600220): Net Profit In The First Half Of The Year 39 Million 740 Thousand Textile Consumption Terminal Market Demand Downturn

Jiangsu sunshine (600220) has issued a semi annual report in 2019, which shows that the revenue of the 1 billion 83 million yuan in the reporting period increased by 2.5%, and the net profit attributable to shareholders of listed companies was 39 million 741 thousand and 600 yuan, down 3.99% from the same period last year. The basic earnings per share were 0.0223 yuan, and 0.0232 yuan in the same period last year.

It is understood that in the first half of 2019, the growth of residents' income and the boost of consumer confidence were affected. The demand for textile consumption terminal market was sluggish, and the domestic textile industry faced a more severe external situation.

Statistics show that Jiangsu sunshine is mainly engaged in the production and sale of worsted fabrics, woollen fabrics and electric steam.